All News articles – Page 1047
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NewsEcommera attracts £25 million funding from investors including WPP
Software-as-a-service and big data company eCommera has secured £25 million in Series C funding from investors including advertising giant WPP.
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NewsAsda invests extra £100m in price cuts as it battles discounters
Asda is to add to its pot of £200m set aside to invest in prices this year with an additional £100m cash injection.
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NewsRepublic stores in jeopardy as Sports Direct seeks further rent reductions
Sports Direct is asking for further concessions from landlords of its Republic stores, putting the future of some of its shops in doubt, Retail Week has learned.
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NewsTesco to further scale back new space growth
Tesco will today outline plans to cut back its investment in new space to no more than £2.5bn a year for the next three years.
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NewsBoohoo set to hire former Asos director Peter Williams as chairman
Fashion etailer Boohoo.com is set to hire former Asos non-executive director Peter Williams as its chairman as it finalises plans for its £500m float.
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NewsFebruary retail sales growth exceeds expectations despite floods
Retail sales exceeded growth expectations in the year to February, increasing at their fastest rate since June 2012, despite disruption from the floods in the period.
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NewsSir Terry Leahy urges Government to scrap out-of-date business rates system
Sir Terry Leahy, the former Tesco boss, has called for business rates to be reformed and “probably scrapped” and said the system “has not worked for years”.
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NewsMcColl's valued at £200m on stock market debut
Convenience store group McColl’s was valued at £200m as it listed on the Stock Exchange today.
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NewsTesco to accelerate turnaround as boss Philip Clarke admits 'a lot' of work to do
Tesco plans to ramp up its UK turnaround strategy as boss Philip Clarke admitted there is still “a lot” of work to do to rebuild the brand.
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NewsBreakfast briefing: Retail news on business rates, Tesco, Argento, LK Bennett
Retail news round-up on February 25, 2014: Sir Terry Leahy calls for business rates system to be scrapped, Tesco to accelerate turnaround strategy, Argento to open new stores and LK Bennett boss leaves
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NewsVolvo trials service that delivers online orders to shoppers' cars
Volvo Cars is piloting a ‘roam delivery’ service which will enable car owners to have online deliveries left in or picked up from their cars.
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NewsInternacionale files intention to appoint PwC as administrator
Fashion retailer Internacionale has filed a notice to appoint PwC as administrator as it is set to collapse for the second time in eight months.
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NewsUnited Carpets confident on outlook as like-for-likes rise 5.4%
United Carpets has reported a 5.4% increase in like-for-like sales in the 21 weeks of its second half to date.
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NewsLandlord giants win unpaid rent appeal after Game's collapse
The UK’s largest landlords have won an appeal against a legal loophole that allowed Game to avoid paying rent while in administration.
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NewsDixons and Carphone Warehouse in merger talks
Electricals market leader Dixons and mobile technology specialist Carphone Warehouse have revealed they are in merger talks.
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NewsVariety retailers including Poundland more than fill the gap left by Woolies
Variety retailers more than fill the gap left by Woolies…….and more shop openings are planned as single-price retailer Poundland gears up for float.
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NewsInternacionale poised to enter administration with 1,500 jobs at risk
Fashion retailer Internacionale is poised to appoint administrators to the loss-making business with 1,500 job losses expected.
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NewsPrimark first-half like-for-like sales rise 4%
Like-for-like sales at Primark rose 4% in the first half buoyed by a strong performance at Christmas when its novelty jumpers flew off the shelves.
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NewsMothercare chief executive Simon Calver exits
Mothercare chief executive Simon Calver has resigned from the retailer and will leave next month less than two years after joining the retailer.
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NewsBreakfast briefing: Retail news on The Co-op, Primark and SSP
Retail news round-up on February 24, 2014: Co-op hails ‘phenomenal’ response to public poll, Primark sales rise in first half and SSP eyes London listing.